Claire Jones

Claire Jones, U.S. economics editor at the Financial Times, dives into the Federal Reserve's recent rate cut and the halt in quantitative tightening amidst a wavering labor market. She highlights the implications of these moves on the economy, particularly the uncertainty surrounding future policy decisions. Kieran Smith, Telecoms correspondent, discusses the end of an era as John Malone steps down from his media empire, detailing his legacy that transformed the telecom landscape and why he's considered a relic of bygone business practices.

Claire Jones, the US economics editor for the Financial Times, sheds light on the recent turmoil surrounding the Federal Reserve, spotlighting Governor Lisa Cook's turbulent tenure and the intense political pressures she faces. The discussion covers the controversial allegations of mortgage fraud against a board member, raising questions about the Fed's independence. Jones also shares insights from the Jackson Hole conference, revealing how external political whispers might impact financial markets and economic stability, all punctuated by a fire alarm interruption!

Adam Posen, President of the Peterson Institute for International Economics, and Claire Jones, The FT's U.S. economics editor, dive into the rising tensions between Trump and Fed Chair Jay Powell regarding interest rates. They discuss the implications of Trump's attempts to influence the Fed and the significance of preserving central bank independence. The conversation also touches on how these political maneuvers could affect economic growth and the upcoming midterms for the Democrats.

Joining the discussion are Oliver Barnes, an FT U.S. deals correspondent, and Claire Jones, FT U.S. economics editor. They dive into Pfizer's fierce legal battle against Novo Nordisk over the MetSera bidding war, exploring its potential implications on weight-loss drug innovation. Claire sheds light on U.S. policy discussions regarding global dollar adoption, detailing candidate countries and the challenges they face. Both guests provide keen insights into the intersection of healthcare and economic policy in today's market.

Chris Giles, an economics commentator for the Financial Times, and Claire Jones, the incoming U.S. economics editor, tackle the Federal Reserve’s tightrope walk amidst President Trump's trade wars. They dissect how tariffs create inflationary pressures even as consumer prices dropped. The discussion focuses on Chair Jay Powell’s tough choices: prioritize economic growth or keep inflation in check. They also highlight the broader impacts of these decisions on everyday Americans and the Fed's cautious approach to interventions.